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- American West Metals (AW1) is set to begin diamond drilling at the Storm copper project on Somerset Island, Nunavut in July
- Drilling will test key resource and exploration targets and will begin at the 2750N Zone where historical drilling intersected up to 3.07 per cent copper
- The drilling will also test multiple high-priority electromagnetic conductors identified via a fixed loop electromagnetic survey
- AW1 has contracted APEX Geoscience to manage and execute the program
- Shares in AW1 are up 7.41 per cent on the market and are trading at 14.5 cents at 11:59 am AEST
American West Metals (AW1) is set to begin diamond drilling at the Storm copper project on Somerset Island, Nunavut in July.
Drilling at Storm will test key resource and exploration targets and marks the first drilling program since AW1 became the project operator.
Drilling will begin at the 2750N Zone where historical drilling encountered significant copper mineralisation with results of 110 metres at 2.45 per cent copper from surface and 56.3 metres at 3.07 per cent copper from 12.2 metres. Mineralisation remains open at depth and along strike.
The drilling will also test multiple high-priority electromagnetic conductors identified at Storm in the 2021 fixed loop electromagnetic (FLEM) survey.
This survey identified multiple near-surface anomalies which are coincident with outcropping occurrences.
Further, the FLEM survey also identified several flat-lying electromagnetic conductors that may represent a deeper source to the near-surface mineralisation.
AW1 has contracted APEX Geoscience to manage and execute the program.
“With a round of successful drilling at our West Desert project already delivered this year, we are now excited to be preparing for our maiden drilling program at the Storm high-grade copper project,” Managing Director Dave O’Neill said.
“The drill program has a dual strategy. Firstly, to define resources that may support an initial low-footprint mining proposal utilising a DSO model that produced a 53 per cent copper product in our initial test work.
“Secondly, to confirm the outstanding growth potential of the project by identifying further, undiscovered zones of high-grade copper mineralisation in unexplored areas.”
Shares in AW1 were up 7.41 per cent on the market and were trading at 14.5 cents at 11:59 am AEST.
